
Wednesday, April 28, 1999
BJP wants normal powers for govt if polls are delayed
The outgoing BJP-led Government is keen on exercising normal powers to carry on its agenda if elections are not held in June. Minister for power and parliamentary affairs PR Kumaramangalam said.
Chary corporates may tighten election fund purse-strings
Money may not flow freely into the coffers of political parties for the forthcoming general elections as a recession-hit corporate India seems to be in no mood to dole out big money for the third time in the last 3 years.
ICICI retains lead over IDBI, IFCI in sanctions, disbursals
For the second successive year, term-lending institution ICICI has overtaken Industrial Development Bank of India (IDBI) in fiscal 1999 both in terms of sanctions and disbursals. It has shown charts depicting sanctions and disbursement figures of three insitutions--including IDBI and Industrial Finance Corporation of India (IFCI).
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